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New-energy vehicles charge at charging piles in Huai'an, Jiangsu province, on June 24, 2026. Photo: VCG
The policy shift, effective in 2027, aims to replenish municipal coffers and reform a tax system strained by the country’s rapid transition away from gasoline cars
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New-energy vehicles charge at charging piles in Huai'an, Jiangsu province, on June 24, 2026. Photo: VCG

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